The Fed expects to maintain of monetary policy | 20 May 2021

20 May 2021, GBP/USD

The Fed expects to maintain of monetary policy

GBPUSD trading plan:

The Fed expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. The Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's maximum employment and price stability goals. These asset purchases help foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses.

Investment idea: buy 1.4120 and take profit 1.4210.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus